US government moves $1B in seized Bitcoin after $770M transfers

politics

The U.S. government moved roughly $1 billion in seized Bitcoin after earlier transfers totaling about $770 million, according to the report. The movements indicate activity in government-controlled wallets, but do not by themselves confirm that the Bitcoin was sold. Any sale could add near-term supply and pressure prices; absent confirmation, the transfers are best viewed as a potential market overhang rather than evidence of selling.

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